Summertime had the following data for the month of March Beginning inventory March 1 316 units at $16 per unit March 19 purchase 204 units at $22 per unit March 27 purchase 198 units at $27 per unit During March Suihmertime sold 425 units. Determine the cost of ending inventory Summertime would report on March 31st assuming the company uses FIFO method and the periodic inventory system